Amentum Holdings Inc. (AMTM) Balance Sheet

NYSE: AMTMAssets, liabilities, debt and equity over 4 years.

AMTM balance sheet, 2025

December 31, 2025 · U.S. dollars

$11.46B assets = $6.84B liabilities + $4.62B equity

Both columns are drawn to the same scale: what AMTM owns equals what it owes plus shareholders’ equity. Hover a block for its value.

AMTM financial health

Current ratio1.32

Adequate · current assets cover current liabilities 1.32×

Debt / equity0.92

Moderate leverage · $0.92 of debt for each $1 of equity

Equity / assets39.3%

Balanced · of assets funded by shareholders

Cash / debt10.5%

Low cash cover · cash & short-term investments vs total debt

Goodwill & intangibles66.8%

Mostly intangible · of total assets

Descriptive bands, not a rating. Fiscal 2025.

AMTM balance sheet trends, 2022–2025

Amentum Holdings Inc. balance sheet trends
Metric	Then	Latest	Change
Total assets	$4.22B2022	$11.46B2025	+39.5%/yr
Total liabilities	$919.0M2022	$6.84B2025	+95.2%/yr
Shareholders’ equity	$3.26B2022	$4.50B2025	+11.4%/yr
Cash & short-term investments	$207.0M2022	$437.0M2025	+28.3%/yr
Total debt	$276.2M2022	$4.17B2025	+147.1%/yr
Net cash (debt)	−$69.2M2022	−$3.73B2025	−$3.7B
Working capital	$646.0M2022	$759.0M2025	+$113.0M
Book value per share	$36.212022	$18.462025	−20.1%/yr
Current ratio	1.912022	1.322025	−0.58
Debt / equity	0.082022	0.922025	+0.84
Shares outstanding	90.0M2022	244.0M2025	+39.4%/yr

Change is the average annual growth (CAGR) or the difference between the first and latest year.

AMTM assets

Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current

AMTM liabilities and equity

Current liabilitiesLong-term debtOther long-term liabilitiesEquity

AMTM debt vs cash

Total debtCash & ST investmentsNet cash (debt)

Debt includes short- and long-term borrowings and, where reported, lease obligations.

AMTM balance sheet

Amentum Holdings Inc. annual balance sheet
	2025	2024	2023	2022
Assets
Cash & short-term investments	$437.0M	$452.0M	$305.0M	$207.0M
Cash & equivalents	$437.0M	$452.0M	$305.0M	$207.0M
Receivables	$2.48B	$2.40B	$1.44B	$1.12B
Inventory	$0	$0	$119,000	$0
Other current assets	$197.0M	$231.0M	$186.0M	$30.0M
Total current assets	$3.11B	$3.08B	$1.93B	$1.36B
Property, plant & equipment (net)	$114.0M	$144.0M	$301.0M	$185.0M
Goodwill & intangible assets	$7.66B	$8.18B	$3.88B	$2.57B
Long-term investments	$196.0M	$123.0M	$104.0M	$0
Other non-current assets	$379.0M	$444.0M	$197.9M	$105.0M
Total assets	$11.46B	$11.97B	$6.41B	$4.22B
Liabilities
Accounts payable	$892.0M	$764.0M	$560.0M	$215.0M
Short-term debt	$109.0M	$103.0M	$98.0M	$182.2M
Deferred revenue	$439.0M	$207.0M	$256.0M	$49.0M
Total current liabilities	$2.35B	$1.97B	$1.38B	$713.0M
Long-term debt	$3.90B	$4.64B	$4.07B	$0
Lease obligations	$224.0M	$260.0M	$103.0M	$121.0M
Other long-term liabilities	$585.0M	$814.0M	$554.0M	$206.0M
Total liabilities	$6.84B	$7.42B	$6.00B	$919.0M
Shareholders' equity
Common stock & paid-in capital	$2.0M	$2.0M	$326.5M	$623.4M
Retained earnings (deficit)	−$461.0M	−$527.0M	−$445.0M	—
Accumulated other comprehensive income	$40.0M	$23.0M	$48.0M	−$163.0M
Minority interest	$115.0M	$92.0M	$41.0M	$42.0M
Total shareholders' equity	$4.50B	$4.46B	$375.0M	$3.26B
Key figures
Total debt	$4.17B	$4.94B	$4.33B	$276.2M
Net cash (debt)	−$3.73B	−$4.49B	−$4.03B	−$69.2M
Working capital	$759.0M	$1.12B	$555.1M	$646.0M
Tangible book value	−$3.15B	−$3.72B	−$3.50B	$688.0M
Book value per share	$18.46	$49.01	$4.17	$36.21
Shares outstanding	244.0M	91.0M	90.0M	90.0M
Current ratio	1.32	1.57	1.40	1.91
Quick ratio	1.24	1.45	1.27	1.86
Debt / equity	0.92	1.11	11.55	0.08
Equity / assets	39.3%	37.2%	5.8%	77.2%

Amentum Holdings Inc. quarterly balance sheet
	Jun '26	Mar '26	Dec '25	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24	Mar '24	Dec '23	Sep '23
Assets
Cash & short-term investments	$459.0M	$428.0M	$247.0M	$437.0M	$738.0M	$546.0M	$522.0M	$452.0M	$196.0M	$179.0M	$192.0M	$305.0M
Cash & equivalents	$459.0M	$428.0M	$247.0M	$437.0M	$738.0M	$546.0M	$522.0M	$452.0M	$196.0M	$179.0M	$192.0M	$305.0M
Receivables	$2.55B	$2.50B	$2.53B	$2.48B	$2.48B	$2.51B	$2.40B	$2.40B	$1.08B	$1.12B	$1.11B	$1.44B
Inventory	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Other current assets	$177.0M	$173.0M	$187.0M	$197.0M	$214.0M	$211.0M	$213.0M	$231.0M	$33.0M	$29.0M	$32.0M	$186.0M
Total current assets	$3.19B	$3.10B	$2.96B	$3.11B	$3.43B	$3.27B	$3.14B	$3.08B	$1.31B	$1.33B	$1.33B	$1.93B
Property, plant & equipment (net)	$108.0M	$105.0M	$108.0M	$114.0M	$115.0M	$133.0M	$140.0M	$144.0M	$153.0M	$156.0M	$163.0M	$300.4M
Goodwill & intangible assets	$7.38B	$7.47B	$7.56B	$7.66B	$7.69B	$8.01B	$8.09B	$8.18B	$2.51B	$2.52B	$2.54B	$3.88B
Long-term investments	$204.0M	$216.0M	$218.0M	$196.0M	$198.0M	$193.0M	$124.0M	$123.0M	$0	$0	$0	$104.0M
Other non-current assets	$320.0M	$285.0M	$348.0M	$379.0M	$377.0M	$401.0M	$424.0M	$444.0M	$81.0M	$166.0M	$182.0M	$198.6M
Total assets	$11.20B	$11.17B	$11.20B	$11.46B	$11.81B	$12.00B	$11.92B	$11.97B	$4.05B	$4.17B	$4.21B	$6.41B
Liabilities
Accounts payable	$825.0M	$832.0M	$871.0M	$892.0M	$821.0M	$876.0M	$726.0M	$764.0M	$196.0M	$211.0M	$209.0M	$560.0M
Short-term debt	$54.0M	$40.0M	$41.0M	$109.0M	$43.0M	$43.0M	$44.0M	$103.0M	$111.1M	$24.0M	$25.0M	$98.0M
Deferred revenue	—	$180.0M	$203.0M	$439.0M	$147.0M	$112.0M	$143.0M	$207.0M	$48.0M	$51.0M	$58.0M	$256.0M
Total current liabilities	$2.09B	$2.09B	$2.09B	$2.35B	$2.17B	$2.10B	$1.97B	$1.97B	$629.0M	$640.0M	$643.0M	$1.38B
Long-term debt	$3.77B	$3.89B	$3.89B	$3.90B	$4.44B	$4.64B	$4.64B	$4.64B	$0	$0	$0	$4.07B
Lease obligations	—	—	—	$224.0M	—	—	—	$260.0M	$94.0M	$96.0M	$99.0M	$220.0M
Other long-term liabilities	$545.0M	$489.0M	$554.0M	$585.0M	$606.0M	$692.0M	$749.0M	$814.0M	$172.0M	$178.0M	$171.0M	$554.0M
Total liabilities	$6.41B	$6.47B	$6.54B	$6.84B	$7.22B	$7.42B	$7.36B	$7.42B	$801.0M	$818.0M	$814.0M	$6.00B
Shareholders' equity
Common stock & paid-in capital	$2.0M	$2.0M	$2.0M	$2.0M	$2.0M	$2.0M	$2.0M	$2.0M	$223.4M	—	—	$326.5M
Retained earnings (deficit)	−$297.0M	−$363.0M	−$417.0M	−$461.0M	−$501.0M	−$511.0M	−$515.0M	−$527.0M	—	—	—	−$445.0M
Accumulated other comprehensive income	$44.0M	$35.0M	$40.0M	$40.0M	$43.0M	$29.0M	$23.0M	$23.0M	−$109.0M	−$108.0M	−$100.0M	$48.0M
Minority interest	$94.0M	$94.0M	$106.0M	$115.0M	$131.0M	—	—	—	—	—	—	—
Total shareholders' equity	$4.70B	$4.61B	$4.56B	$4.50B	$4.46B	$4.43B	$4.47B	$4.46B	$3.21B	$3.31B	$3.35B	$375.0M
Key figures
Total debt	$3.83B	$3.93B	$3.94B	$4.17B	$4.48B	$4.68B	$4.68B	$4.94B	$181.1M	$96.0M	$99.0M	$4.33B
Net cash (debt)	−$3.37B	−$3.50B	−$3.69B	−$3.73B	−$3.75B	−$4.13B	−$4.16B	−$4.49B	$14.9M	$83.0M	$93.0M	−$4.03B
Working capital	$1.09B	$1.01B	$872.0M	$759.0M	$1.25B	$1.17B	$1.17B	$1.12B	$683.0M	$691.0M	$687.0M	$555.0M
Tangible book value	−$2.68B	−$2.86B	−$3.01B	−$3.15B	−$3.23B	−$3.58B	−$3.62B	−$3.72B	$702.0M	$794.0M	$816.0M	−$3.50B
Book value per share	$19.16	$18.81	$18.67	$18.46	$18.35	$18.22	$18.42	$48.48	$35.45	$36.83	$37.26	$2.25
Shares outstanding	245.0M	245.0M	244.0M	244.0M	243.0M	243.0M	243.0M	92.0M	90.5M	90.0M	90.0M	166.6M
Current ratio	1.52	1.48	1.42	1.32	1.58	1.56	1.59	1.57	2.09	2.08	2.07	1.40
Quick ratio	1.44	1.40	1.33	1.24	1.48	1.46	1.49	1.45	2.03	2.03	2.02	1.27
Debt / equity	0.81	0.85	0.86	0.92	1.01	1.06	1.05	1.11	0.06	0.03	0.03	11.55
Equity / assets	41.9%	41.3%	40.7%	39.3%	37.8%	36.9%	37.5%	37.2%	79.2%	79.4%	79.6%	5.8%

Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed November 25, 2025); data from EODHD.

AMTM financial position

At the end of fiscal 2025 (December 31, 2025), Amentum had total assets of $11.5 billion (down 4.3% from a year earlier), total liabilities of $6.8 billion and shareholders' equity of $4.5 billion. It held $437.0 million in cash and short-term investments against $4.2 billion of debt, net debt of $3.7 billion. Its current ratio was 1.32. In the latest quarter (ended June 30, 2026) total assets were $11.2 billion and equity $4.7 billion.

Related: AMTM income statement, AMTM cash flow statement, AMTM key metrics. See the AMTM stock overview for the latest quote and news.

AMTM balance sheet FAQ

What are Amentum's total assets?

Amentum reported total assets of $11.5 billion at the end of fiscal 2025 (December 31, 2025), compared with $12.0 billion a year earlier.

How much debt does Amentum have?

Amentum had $4.2 billion of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.92.

How much cash does Amentum have?

Amentum held $437.0 million in cash and short-term investments at the end of fiscal 2025; with $4.2 billion of debt that is net debt of $3.7 billion.

What is Amentum's book value?

Amentum's shareholders' equity (book value) was $4.5 billion at the end of fiscal 2025, or $18.46 per share.

What is Amentum's current ratio?

Amentum had current assets of $3.1 billion and current liabilities of $2.4 billion, a current ratio of 1.32 (it can cover its short-term obligations).

How much goodwill does Amentum have?

Amentum carried $7.7 billion of goodwill and intangible assets, 66.8% of total assets, at the end of fiscal 2025.